Citigroup Maintains Buy on Crown Castle, Lowers Price Target to $122
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Michael Rollins has maintained a 'Buy' rating on Crown Castle (NYSE:CCI) but lowered the price target from $126 to $122.
October 20, 2023 | 4:23 pm
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Citigroup has maintained a 'Buy' rating on Crown Castle but lowered the price target from $126 to $122.
The news is directly about Crown Castle (CCI). The maintained 'Buy' rating indicates Citigroup's continued positive outlook on the company, which could be beneficial for the stock. However, the lowered price target might indicate a slightly less optimistic view on the company's future performance, which could have a neutral to slightly negative impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100